COTD: Singapore rises as key APAC living sector investment hub in 2024

Investors are looking into Singapore’s co-living and student housing markets.

Singapore emerges as one of APAC’s largest markets for living sector investment in 2024, following Japan, CBRE reported.

The living sector in Singapore is attracting investments on niche co-living and student housing subtypes.

This trend is supported by the influx of non-locals and expatriates increasing the preference for renting over buying as well as rising rents.

CBRE has observed growth in the number of investors exploring niche products and opportunities in these markets.

In addition, Singapore is also a target market for the serviced apartments subtype with its strategy focusing on repurposing underperforming assets.